1143 NW 6th St
Miami, FL 33136 · multi_family · For Sale · 187 days on market
Asking price$1,100,000
2 beds 1 baths 1,547 sqft
Suggested offer$1,048,400$51,600 above the est. market value of $1,048,400.
View on Realtor.com →Listed by Christopher Carbonell · Fausto Commercial Realty Consultants Inc
Typemulti_family
Built—
Price / sqft$711
Est. value (Realtor.com)$1,048,400
Rent estimate (building total, own analysis)$5,601/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Statusfor_sale
Listed date2026-02-27
Removed date—
MLSMiamiMLS #A11973755
Coordinates25.77958, -80.21406
Address1143 NW 6th St
CityMiami
StateFL
Zip33136
Listing ID5790963155
Sourcerealtor, cached 2026-08-21
ZIP market snapshot (33136)
Typical home value (ZHVI)$317,970
Typical rent (ZORI)$2,599/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.
Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,100,000 |
| Down payment (20.0%) | $220,000 |
| Loan amount | $880,000 |
| Closing costs (5.0%) | $55,000 |
| Total cash to close | $275,000 |
| Income | |
| Rent (estimate) | $5,601$67,215 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,153$61,837 |
| Operating expenses | |
| Property tax (real MLS tax bill, from Realtor Search) | $986$11,830 |
| Insurance (est. scaled by flood & wind risk) | $1,100$13,200 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $280$3,361 |
| Total operating expenses | $2,366$28,391 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $280$3,361 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
No active rental listings cached yet for this bedroom count.
Widened to any bedroom count in ZIP. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 519 NW 10th Ave | multi_family | — | — | 3,856 | $1,075,000 | 2026-08-14 |
| 1245 NW 7th Ct | multi_family | — | — | 1,976 | $425,000 | 2026-06-30 |
| 976 NW 6th St Apt 7 | multi_family | 6 | 6 | 3,022 | $1,200,000 | 2026-06-11 |
| 1177 NW 8th Street Rd Apt 5 | multi_family | 8 | 8 | 4,564 | $5,800,000 | 2026-05-18 |
| 1033 NW 6th St | multi_family | — | — | 2,952 | $1,150,000 | 2025-10-03 |
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 816 NW 11th St Apt 1208 | condos | 2 | 2 | 891 | $350,000 | — |
| 850 N Miami Ave Unit W708 | condos | 2 | 2 | 914 | $259,990 | — |
| 816 NW 11th St Apt 607 | condos | 2 | 2 | 891 | $330,000 | — |
| 850 N Miami Ave Unit W906 | condos | 2 | 2 | 903 | $294,999 | — |
| 980 NW N River Dr Unit 30 | townhomes | 2 | 3 | 1,287 | $675,000 | — |
| 816 NW 11th St Apt 402 | condos | 2 | 2 | 882 | $298,900 | — |
| 1060 NW 7th St Apt 205 | condos | 2 | 2 | 865 | $305,000 | — |
| 850 N Miami Ave Unit W1202 | condos | 2 | 2 | 848 | $330,000 | — |
10-year hold projection
IRR0.9%
Equity multiple1.15x
Total return (10yr)$183,867
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,133,000 | $33,447 | -$37,776 | $870,459 | $262,541 |
| 2 | $1,166,990 | $34,592 | -$36,714 | $860,262 | $306,728 |
| 3 | $1,202,000 | $35,775 | -$35,617 | $849,366 | $352,634 |
| 4 | $1,238,060 | $36,998 | -$34,483 | $837,721 | $400,339 |
| 5 | $1,275,201 | $38,260 | -$33,311 | $825,276 | $449,925 |
| 6 | $1,313,458 | $39,565 | -$32,099 | $811,977 | $501,480 |
| 7 | $1,352,861 | $40,913 | -$30,846 | $797,765 | $555,096 |
| 8 | $1,393,447 | $42,304 | -$29,552 | $782,576 | $610,871 |
| 9 | $1,435,251 | $43,742 | -$28,214 | $766,345 | $668,905 |
| 10 | $1,478,308 | $45,228 | -$26,831 | $748,999 | $729,309 |
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.